BTC looks like it has some really nice support below, good support lines as well as a reverse close to the 50MA. i do thing this trade offers somer good risk/reward
If today closes below 124 i beleive we might be heading down to lower support, if we hold above 124 i thing we might move towards the next resistance level here.
Looks like we are in an acending channel here and are just above support. i believe we have a big chance of moving up towards 1.11 in the upper part of the channel.
JPM seems to be on the rise but its got a lot of resistance to break to the upside. Considering how weak the banking sector has been compared to other sectors. im guessing we will not break resistance. But lets wait and see.
In the long term i'm bullish on gold but it sure seems like we might have a little bit further down to go before this correction is over. We are currently stuck in a decending triangle.
Price seems to be respecting the 50MA in this healthy looking uptrend. Im waiting here but will be looking to long closer to the 50MA for the best possible Risk/Reward
Looks like we are in a descending triangle about to break to the downside. Id put in half a short here and perhaps put in a second half if we get a break to the downside.
AUDJPY seems to have come up to a level of resistance that it has to get through. one can also see that it has respected the 200MA that seems to have turned into resistance. If we make it up closer to the 200MA id use it as a level to short around for a good Risk/Reward
